Status: For Sale
Tenure: Leasehold
Leasehold Rent: £12,000
Turnover: £120,000
Authentic Caribbean Restaurant & TakeawayAuthentic Caribbean Restaurant & TakeawayAuthentic Caribbean Restaurant & Takeaway
£46,995 + SAV

Authentic Caribbean Restaurant & Takeaway

For Sale
  • Reference: 14010 J
  • Location: London, City of London
Hilton Smythe are delighted to offer to the market Jerk Night, a Caribbean restaurant and takeaway established by our client in 2013. Now offered to the market due to the other business interests our client now needs to concentrate on.

Our client spent over £60,000 transforming the unit from a laundrette business into a fully equipment restaurant with A3 use including an alcohol license.

The menu includes starters of Caribbean crisps, prawn skewers, soups and chicken skewers. Mains include quarter and half jerk chicken, small and large jerk pork cooked on a traditional 'jerk pan' fresh to order. Sides include chips, breads, rice, mac n cheese, gravy jerk sauce, rice and peas, fried dumplings and fried plantain. There is also a selection of salads, meal deals, daily specials, weekend meal specials, desserts and kid's meals.

Currently 90% of trade is takeaway with just 10% sit down customer trade; however, increasing the number of birthday parties and special gatherings could help increase larger restaurant bookings.

Licensed till 2am.

Handover offered and priced to sell quickly.

TENURE

The business is being sold as leasehold.

Original lease length: 23 years.
18 years remain on the lease as of 2017.
Rent £12,000 per annum.

Zero rates payable.

HOURS

Monday: Closed
Tuesday: 4pm - 11pm
Wednesday: 4pm - 8.30pm
Thursday: 4pm - 12am
Friday and Saturday: 4pm - 12am
Sunday: 4pm - 10pm

STAFF

Owner run with the help of a full-time driver, part time driver, 3 x part time counter staff and 1 x owner chef and part time chef at weekends.

FINANCIAL PROFILE

2017 accounts show a turnover of £120,000, with a gross profit of 70%.
Jerk Night is situated in the busy Sydenham Road in Sydenham, London.

Sydenham is a district within the south east of London boroughs of Lewisham, Bromley and Southwark.

There is a large selection of takeaways, restaurants and bars in the area and the close proximity to the main line station makes the area very popular with commuters and families.

There is free parking in the neighbouring street and meter parking on the high street. The area is accessed via the A212 which links to the south circular to Brixton and central London. To the south sits Crystal Palace, Beckenham, Bromley and Croydon.
The property is circa 65m2.

Dining area -
12 x tables, 30 seating.

Customer toilet

Dining area equipment-
L-shaped counter including large extraction unit
2 x jerk pans
Double fryer
Bain Marie
Till and card machine
Spirits and wine shelving
Glass under counter drinks chiller

Kitchen equipment-
6 x gas burner ovens
Large extraction unit
Double stainless-steel steamer cupboard
Upright fridge freezer
2 x microwaves
3 x stainless steel preparation tables
Double stainless-steel preparation sinks
Hand wash sink
Foster double stainless steel upright fridge
Chest freezer
2 x blenders
Warming cupboard
Dry store with shelving
Boiler

Rear area includes - staff room, staff toilet and additional store room with shelving.

Contact us today for more information

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